Slippage(Slippage)
The order is filled at a price different from the one requested. It increases around news events and in low liquidity.
Also written as: kayma
Market orders and triggered stop orders are exposed to slippage; limit orders, on the other hand, will not be filled worse than the specified price, but may not be filled at all.
Going live without adding a realistic slippage and spread cost to your backtest results is the most common reason a strategy's real performance looks better than it actually is.
Related terms
Where it appears in the guides
Guides whose text uses this term; most frequent first.
- Gecikme (latency) ve emir yönlendirmeTrading Systems & Data9×
- Haber anlarında pozisyon yönetimiFundamental & Macro9×
- ECN, STP ve market maker farkıBrokers7×
- Broker seçerken 10 kriterBrokers4×
- Emir tipleri: market, limit, stop ve OCOGetting Started4×
- Piyasa yapıcı davranışı ve spread dinamiğiOrder Flow & Market Microstructure3×